What were Alibaba's sales figures during the 11.11 Shopping Festival?

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Aria W. Yudhistira 10/11/2019 11:40 WIB

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Alibaba recorded its highest ever GMV in 2018, reaching US$213.5 billion.

Alibaba's Global Shopping Festival Achievements (2009-2018)

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Alibaba's Global Shopping Festival Achievements (2009-2018)

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Alibaba Group held its 11.11 Global Shopping Festival again on November 11, 2019. Approximately 500 million consumers were predicted to shop during the festival.

What was the transaction value recorded by Alibaba in the 11.11 Global Shopping Festival over the past ten years? Every year, the total sales value or gross merchandise value (GMV) on Alibaba's e-commerce platform has continued to increase. In 2009, Alibaba's GMV was only US$52 million. This figure soared 18 times in 2010 to US$936 million.

The highest record was recorded in 2018 with a GMV of US$213.5 billion. The complete graph can be seen in the following Databoks.

(See Databoks: [10 E-commerce with the Largest Number of Visitors in Q3 2019](https://databoks.katadata.co.id/datapublish/2019/10/22/inilah-10-e-commerce-dengan-pengunjung-terbesar))

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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What were Alibaba's sales figures during the 11.11 Shopping Festival?

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What were Alibaba's sales figures during the 11.11 Shopping Festival?

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